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May 22, 2013 at 10:55 AM EDT
KEG, PTEN, ESV, and BBEP Under StockCall’s Microscope

KEG, PTEN, ESV, and BBEP Under StockCall’s Microscope

StockCall.com Provides Stock Research on Key Energy Services Inc., Patterson-UTI Energy Inc., Ensco plc, and Breitburn Energy Partners L.P.

New York City, New York -- (May 22, 2013)

The International Energy Agency (IEA) said in a recent report that a significant increase in North American oil production has created a supply shock in the global oil market. The IEA also noted that the shift in oil production has also prompted several companies to re-think their global investment strategies. Indeed, the shale boom in the U.S. which has been one of the major reasons for increased North American oil production is likely to prompt oil and gas exploration companies to boost their investments in the U.S. On Tuesday, May 22, 2013 oil and gas exploration stocks ended mostly lower, even as the broad market posted gains. Among the major movers in the sector were Key Energy Services Inc. (NYSE: KEG), Patterson-UTI Energy Inc. (NASDAQ: PTEN), ENSCO Plc (NYSE: ESV), and BreitBurn Energy Partners L.P. (NASDAQ: BBEP). StockCall has released full comprehensive research on KEG, PTEN, ESV, and BBEP and these free technical analyses can be downloaded by signing up at

www.stockcall.com/technicalanalysis

Key Energy Services Inc.’s shares were among the major losers in the oil and gas sector on Tuesday. The stock traded between $6.25 and $6.49 before finishing the day 2.49% lower at $6.26 on volume of 2.19 million. Despite the sharp decline yesterday, the company’s shares have gained nearly 4% in the last three trading sessions. Year-to-date, however, the stock has fallen nearly 10% as compared to a growth of over 17% for the S&P 500. Shares of KEG are currently trading well below their 50- and 200-day moving averages. Free technical analysis on KEG available by signing up at

www.StockCall.com/KEG052213.pdf

Shares of Patterson-UTI Energy Inc. edged lower yesterday, reversing some of their recent gains. The stock closed 0.78% lower at $23.02 on volume of 2.41 million. Despite the pullback, the company’s shares have gained 3.70% in the last three sessions. The stock is currently trading below its 50-day moving average, which is a negative signal. The stock’s MACD, however, has just crossed above the zero-line and it is also trading above the signal line which indicates that market sentiment has turned bearish on the stock. Patterson-UTI Energy’s shares have outperformed the broad market in 2013, gaining more than 23.80%. Register today and access the free research on PTEN at

www.StockCall.com/PTEN052213.pdf

ENSCO’s shares also fell sharply on Tuesday even as the broad market edged higher. The stock ended the day 1.02% lower at $63.37 on volume of 1.86 million after trading between $62.85 and $64.13. Despite struggling yesterday, ENSCO’s shares have posted gains of over 2.60% in the last three sessions. The stock is currently trading close to its 52-week high of $65.82. Shares of the company have grown 7.80% so far this year, underperforming the S&P 500. The free report on ESV can be downloaded by signing up now at

www.StockCall.com/ESV052213.pdf

Shares of BreitBurn Energy Partners L.P. edged lower on Tuesday, but it managed to limit its losses. The stock ended the day 0.10% lower at $19.47 on volume of 571,900. BreitBurn Energy’s shares are still up more than 2.70% in the last three trading sessions. The stock is also trading above its 50- and 200-day moving averages. The stock’s MACD has just crossed above the signal line which is a bullish signal. Free report on BBEP can be accessed by registering at

www.StockCall.com/BBEP052213.pdf

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at

www.stockcall.com

Contact Person:

William T. Knight

Email: info@stockcall.com

Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)

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